The price of Avalanche ($AVAX ) reached $24.6, showing a growth of 5.2% in 24 hours! 📈 With a market capitalization of ~$10B and a trading volume of $1.3B, AVAX demonstrates strength. Where is this token heading? Let’s find out! 🔍
Technical analysis: On the 4-hour chart, RSI (51.83) indicates a neutral trend with a bullish bias. The support level at $23.62 is holding the price, while resistance at $26 may be broken with an increase in volumes. The 200-day SMA ($22.61) confirms the upward momentum. 📊
Forecast: According to Binance, $AVAX could reach $32.46 by the end of 2025, with a long-term target of $78.31 by 2030 in a bullish market. The growth of DeFi and NFTs on Avalanche, along with partnerships like Grayscale ETF, support the potential. However, competition with Solana and regulatory risks require caution.
Prospects: AVAX benefits from high throughput (4500+ TPS) and low fees. Integrations with Aave and Curve Finance strengthen the ecosystem, but volatility remains a factor.
And what do you think about $AVAX ? Share your predictions in the comments! 💬 Subscribe so you don’t miss fresh analytics and insights! 📡 #AVAX #Binance #Crypto #Trading #Altcoins
